For those new to the area, Woodland Hills is a private lake community located right here in Hardy, AR. It consist of two private lakes. One is called Rainbow Lake, which is a fishing and trolling motor only lake. Then we have Lake Shewood which is a wonderful 100 acre fishing, and boating – ( even water skiing too ) lake! However, only residents of the private community that have paid current dues have access rights to use the lakes in the community.